Cycling as a Sport in Delhi: A Market Survey
Cycling Sports 261140
2018
Decathlon Group is world largest sport retail group which originates from France. The brand caters to more than 60 sports and have 1000+ stores in 35 countries. The company is heavily investing in R&D for innovative sports products to help people indulge in sporting activities. Decathlon has been trying to put a strong foothold in the Indian sports retail market since they launched their first store in 2013. Decathlon Sports India from this research wanted to understand what is the market for cycling as a sport is like in Delhi, who all are the competitors (brand & retail stores), what is the market share of Decathlon in cycling industry in Delhi and how can they improve their market share within the coming 5 years. Primary information of the study was collected from the people who are practicing the sport in Delhi, professional or amateurs. Source of collection of Primary data was questionnaires which were floated in the different cycling communities of the Delhi. In addition to questionnaire, interviews were also conducted with the people practicing the sport and understand which brand of cycle they were using, amount of money they were willing to spend and what are the common route they were taking for their rides. This will help us understand the buying pattern of customers and how much were they willing to spend during their last purchase.
FORE School of Management
Technical Report